- The inequality of the current system is becoming more and more visible, despite efforts to conceal it
- History shows that control will break as those running the system are forced to compete more directly for a shrinking pie
- The 3 essential indicators of instability to watch
- The high price of a collapse of the status quo (and why developing resilience now is your best investment)
If you have not yet read Part I: Bankers Own the World, available free to all readers, please click here to read it first.
More Equal than Others
Like the pigs in Orwell's Animal Farm, those running the current system are quick to convince us they are doing it out of service, not self-interest (many remember the testimony of Goldman Sachs head Lloyd Blankfein that he sees the bank's efforts as "doing God's work"). The media (most of which is owned by the top 147 companies discussed in Part I) reinforces the perception that the status quo is all that stands between us and economic ruin.
Of course, there's a much darker side to the story. It requires some digging by the curious mind, but the data is there to be found. As previous mentioned, such a parasitical system inevitably concentrates wealth over time into the hands of fewer and fewer of the most privileged and most powerful. Here's an excellent visualization of how that has already happened in the U.S.:
Note that the actual degree of wealth inequality is much worse than Americans perceive it to be. That's not surprising given the absence of light shined on this in the mass media…
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